CFI

CFI Financial Group (CFI) is a multi-asset brokerage founded in 2019 and headquartered in Ebene, Mauritius. Despite its recent incorporation, the broker markets itself as having over 25 years of experience, a claim that appears to reference the broader group's heritage rather than the specific Mauritius entity. The company operates under a complex regulatory structure with licenses from multiple jurisdictions, offering traders a wide range of instruments and competitive trading conditions.

CFI holds regulatory licenses from several authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, the Capital Markets Authority (CMA) in the UAE, and the Financial Sector Conduct Authority (FSCA) in South Africa. It also has licenses from the Central Bank of Azerbaijan (CBAR), the Jordan Securities Commission (JSC), and offshore licenses from the Vanuatu Financial Services Commission (VFSC) and the Seychelles Financial Services Authority (FSA). This multi-licensing structure allows the broker to serve clients across various regions, but the regulatory protection and oversight may vary by entity.

The primary entity, CFI International Ltd, is registered in Mauritius under license number C2008C0064f. While Mauritian registration offers certain compliance standards, it is not equivalent to a top-tier financial regulator. Traders should be aware that the level of investor protection depends on the specific regulatory body governing their account.

CFI provides two main account types: Dynamic Trader and Zero Commission. The Dynamic Trader account features low spreads with no commission, while the Zero Commission account offers commission-free trading with spreads starting from 0.6 pips on EUR/USD for professional clients. Both accounts have no minimum deposit and offer a maximum leverage of 1:500, though the leverage limit applies to professional clients only. Retail clients may have lower leverage caps depending on regulatory restrictions.

The broker supports trading on MetaTrader 5, Trader Evolution, and TradingView platforms. Base account currencies are USD and EUR. Algorithmic trading is permitted on both accounts. Notably, swap-free (Islamic) accounts are not available.

CFI offers access to over 15,000 tradable instruments across multiple asset classes. These include forex pairs, stock CFDs, indices, commodities (metals and energies), ETFs, cryptocurrency CFDs, bonds, and futures. The broker's product range is designed to cater to diverse trading strategies, from day trading to long-term investing.

Specific details on spreads, swap rates, and margin requirements are provided on the broker's fee and charges page, which emphasizes transparency. However, the exact spread levels may vary depending on the instrument and account type.

CFI offers several deposit and withdrawal methods, including credit/debit cards, the proprietary CFI Card by G2P, and wire transfers. Card and CFI Card deposits are processed instantly, while wire transfers take 1-5 business days. Supported currencies include USD, GBP, and AED. The broker states that all funding methods are secure and seamless, with no minimum deposit requirement.

Withdrawals are handled via the same methods used for deposits, and processing times are consistent with the deposit timelines. The broker does not mention any fees for deposits or withdrawals, but traders should verify any charges with their account manager.

CFI Financial Group positions itself as a leading broker in the MENA region, with 15 international offices and high-profile brand ambassadors such as Lewis Hamilton and Maria Sharapova. The group's marketing emphasizes its long-standing experience, though the specific entity (CFI International Ltd) was registered in 2019. The broker is an official sponsor of Etihad Arena, AC Milan, and other sports organizations.

According to aggregated industry data, CFI has a low risk score (18/100), indicating that it has not been associated with major scams or regulatory actions. However, the discrepancy between the claimed 25+ years of experience and the actual registration date may be a point of confusion for traders. Overall, the broker appears to operate with a substantial regulatory footprint and a broad product offering.